GEORGE A. AKERLOF
American economist and professor who received the 2001 Nobel Prize in Economics, along with fellow economists Michael Spence and Joseph Stiglitz, for analyzing the markets using asymmetric information, as stated in his well-known The Market for Lemons paper. The paper denotes imperfect information in the market for used cars. He is also popular for his efficiency wage hypothesis, implying the wages are known by the efficiency goals of employers aside from supply and demand forces.
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Taxable Event
Occurrence or transaction which creates a tax consequence for the individual holding the event or deal. Some examples of taxable events include rec ...
Non-Marginable Securities
It is a type of security that can’t be purchased on margin at a particular brokerage or financial company. This should be funded 100 percent ...
Hybrid Indicator
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Manager Universe Benchmark
A peer group of investment managers with the same investment style; often used for comparing and evaluating the performances of money managers that ...
Inside Director
Member of a company’s board of directors who is either an employee, officer, or major shareholder. Along with outside directors for that matt ...
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16:00 | Leading indicators | Dec | |
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